In this daily bar chart of ROKU, below, we can see that the stock price has been more than cut in half since the beginning of October. A lot of damage in a short period of time. Prices are below the declining 50-day moving average line and the cresting 200-day line.
The daily On-Balance-Volume (OBV) line topped in September and early October before beginning its decline.
The 12-day momentum study shows a bullish divergence between the declining prices and the equal lows or even a higher low in momentum from October to December. The pace of the decline may have slowed a bit but it hasn't resulted in a bounce or rally.
In this short weekly bar chart of ROKU, below, we can see that prices are below the declining 40-week moving average line.
The weekly OBV line shows a peak in September following by a decline telling me that sellers have been more aggressive for several weeks now.
The Moving Average Convergence Divergence (MACD) oscillator is below the zero line for an outright sell signal.
In this Point and Figure chart of ROKU, below, we can see a downside price target of $26.71.
Bottom line strategy: Sand aside from ROKU. A break of the April low is likely.